Mirion Technologies (NYSE:MIR) Issues FY24 Earnings Guidance

Mirion Technologies (NYSE:MIR) updated its FY24 earnings guidance on Thursday. The company provided EPS guidance of $0.37-0.42 for the period, compared to the consensus EPS estimate of $0.39. The company issued revenue guidance of $840.95-856.96 million, compared to the consensus revenue estimate of $852.17 million. Mirion Technologies also updated its FY 2024 guidance to 0.370-0.420 EPS.

Mirion Technologies Trading Down 2.0 %

Mirion Technologies stock traded down $0.21 during trading hours on Friday, reaching $10.09. 2,047,886 shares of the company’s stock were exchanged, compared to its average volume of 991,131. The company has a quick ratio of 1.57, a current ratio of 2.19 and a debt-to-equity ratio of 0.45. The firm’s 50 day simple moving average is $10.65 and its 200 day simple moving average is $10.44. Mirion Technologies has a twelve month low of $6.70 and a twelve month high of $11.78. The firm has a market capitalization of $2.29 billion, a PE ratio of -24.61 and a beta of 0.79.

Analyst Upgrades and Downgrades

Separately, Citigroup increased their price target on Mirion Technologies from $13.00 to $14.00 and gave the stock a buy rating in a report on Monday, April 8th.

Insider Activity

In other news, CEO Thomas D. Logan sold 7,500 shares of the firm’s stock in a transaction dated Tuesday, May 28th. The stock was sold at an average price of $10.86, for a total value of $81,450.00. Following the completion of the sale, the chief executive officer now directly owns 1,544,017 shares in the company, valued at approximately $16,768,024.62. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In related news, CEO Thomas D. Logan sold 7,500 shares of the firm’s stock in a transaction dated Tuesday, May 28th. The shares were sold at an average price of $10.86, for a total value of $81,450.00. Following the transaction, the chief executive officer now owns 1,544,017 shares of the company’s stock, valued at approximately $16,768,024.62. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Emmanuelle Lee sold 5,000 shares of the firm’s stock in a transaction dated Thursday, June 6th. The shares were sold at an average price of $10.17, for a total transaction of $50,850.00. Following the completion of the transaction, the insider now directly owns 138,193 shares in the company, valued at approximately $1,405,422.81. The disclosure for this sale can be found here. Insiders sold a total of 45,653 shares of company stock worth $487,194 in the last three months. Company insiders own 2.20% of the company’s stock.

Mirion Technologies Company Profile

Mirion Technologies, Inc provides radiation detection, measurement, analysis, and monitoring products and services in the United States, Canada, the United Kingdom, France, Germany, Finland, China, Belgium, Netherlands, Estonia, South Korea, and Japan. It operates through two segments, Medical and Technologies.